Bed and Breakfast Startup Costs
It’s possible (though very unlikely) to start a bed and breakfast without a big capital investment. But there are always important start-up costs to consider before you open a B&B. One major factor is whether or not you already own a building suitable for a bed and breakfast. The projections here assume that a building is completely paid for — which means that in the majority of cases, you’ll need to add a mortgage payment to these projections. These are only rough estimates; your expenses could be more or less than the figures below. (Note that the cost of food is not included here, which is an important cost to consider and will depend on the types of breakfasts you plan to serve. Personnel costs — e.g. maids — also are not included.) Always budget more money than you expect to spend!
Related Questions
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- Bed and Breakfast Startup Costs
